The investment seeks long-term growth of capital.
The fund normally invests at least 80% of assets in alternative energy and alternative energy technology companies, both U.S. and international. It may purchase stocks of any capitalization, including, but not limited to, large-cap, mid-cap or small-cap stocks. The fund's international stock investments may include stocks of companies based in or doing substantial business in both developed markets and emerging markets. It may also engage in short sales. The fund may invest a substantial portion of its assets in cash or cash equivalents. It is non-diversified.